Mount Juliet Retail/Commercial
485 N Mount Juliet Rd Mount Juliet, TN 37122
485 N Mount Juliet Rd, Mount Juliet, TN, 37122
$1,800,000
Pending
For Sale
$1,800,000
Pending
Highly visible retail/commercial property in the heart of Mount Juliet.
Property Size3,868 SF
Lot Size1.10 Acres
Days on Market343
Property Features for 485 N Mount Juliet Rd
General Information
- Standard status
- Pending
- Size
- 3,868 SF
- Lot size
- 1.10 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2014
Listing Agency
REGAL REALTY GROUP
(615) 499-5864
Listed by
ANTHONY CADUFF
Source
Corcoran
Added: Aug 12, 2025 Checked: Jul 20 at 3:43 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REGAL REALTY GROUP
Investment Insights
Based on property information with market context.
This highly visible retail/commercial property is located in the heart of Mount Juliet’s main retail corridor. The ±1.10-acre site is positioned directly across from Walmart, Lowe’s, and Academy Sports, and features ±151 feet of frontage and ±27,524 VPD. The property includes a ±3,668 square foot retail building, converted from a car wash in 2014. The zoning is CI, which allows for retail, QSR, and service uses. Approximately 13 parking spaces are available on-site. Utilities including water, sewer, electric, and gas are available. Approximately 0.19 acres (17%) of the property, located on the southern edge, is in a 100-year FEMA floodplain. The property is ideal for redevelopment or interim owner-user occupancy. Surrounded by national brands and explosive residential growth, this property offers excellent potential for retail, service, or mixed commercial development in one of Middle Tennessee’s fastest-growing cities.
Key Highlights
- Prime location in Mount Juliet's main retail corridor, directly across from Walmart, Lowe's, and Academy Sports.
- High traffic volume: ±27,524 vehicles per day.
- Zoning (CI) allows for retail, QSR, and service uses.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $131.4k | $33.96 |
| − Vacancy | −$5.0k | −$1.29 |
| EGI | $126.4k | $32.67 |
| − OpEx | −$37.9k | −$9.80 |
| NOI | $88.5k | $22.87 |
3,868 SF · lease $33.96/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.26M
$1.11M – $1.47M
NOI $88,456 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.07M
$4.44M – $5.92M
NOI $355,053 @ 7.0% cap · market cap 19.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Dog Spot (Mt. ...
Pet Grooming Service
Dolly's Grooming and Dog ...
Pet Grooming Service
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FAQs
What type of property is this?
Retail space - Highly visible retail/commercial property in the heart of Mount Juliet.
Where is this retail space located?
The property is located at 485 N Mount Juliet Rd Mount Juliet, TN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime location in Mount Juliet's main retail corridor, directly across from Walmart, Lowe's, and Academy Sports.; High traffic volume: ±27,524 vehicles per day.; Zoning (CI) allows for retail, QSR, and service uses.
